[1] - Distributional impact by wealth

[masterismail]

usage

from policyengine import EconomicImpact

impact = EconomicImpact(reform={
  "gov.hmrc.income_tax.rates.uk[0].rate": {
    "2024-01-01.2100-12-31": 0.55
  }},country="uk")

average =impact.calculate("distributional/by_wealth/average")

relative = impact.calculate("distributional/by_wealth/relative") 

print(
    f"average:{average} \n"
    f"relative: {relative} \n"
)

output

average:{'average': {1: -1542.5277425455492, 2: -1982.534041798336, 3: -4556.8445264034835, 4: -5370.201917927786, 5: -7216.048585689702, 6: -7591.304204543115, 7: -9211.025138324332, 8: -9648.62199574695, 9: -11506.889823053707, 10: -14378.295708381549, 11: -13195.0}} 
relative: {'relative': {1: -0.07043473659333963, 2: -0.08091752038892668, 3: -0.14646910570509714, 4: -0.15592888462331828, 5: -0.17838073974119345, 6: -0.18231409463546466, 7: -0.19855480132208575, 8: -0.18318290061281753, 9: -0.19595437624444986, 10: -0.1391547762431559, 11: -0.028110349900091886}}